 Hi, good morning and welcome to today's products and focus as you can see there the US there is getting quite close to potential resistance at 16 and 5 9 8 Which is not also would be an all-time high for the US 30 We've also seen the SPX 500 reach a record high yesterday The most global indices are also on the rise there today on the back of China stimulus and ECB rate hopes And also the fact you've got my farm perils at this Friday and people are expecting a good figure heading into spring and their brand new quarter So that's where the potential resistance is if we do get that resistance does remain intact Then our next potential support is obviously back down at 16401 We're still positive territory today. We have been slightly higher, but we've only just started the session So interesting to see how that progresses for the rest of the day If you look at the UK 100 it's got a lot further still to go But we actually touched potential resistance at 6666 We are negative territory for the day today But we're also touched up by period SMA as well. So we'll have to see how things progress there Obviously if the US markets break higher i.e. break you know the US 30 breaks above its all-time high That should add a lot of extra catalyst to get this going Though the resistance right now is holding so I have to wait and see what happens later on Japan 25 said a great day on the back of yen weakness. We've come back to the second the yen is a 10 week low Versus a whole basket of currencies But you can see there that yen weakness is helping to drive Japan 25 above potential resistance at 14977 Though we got pushed back down Because this is quite a regular trading market it's 24 hours has been pushed back down below the potential Resistance so it's closing point today. It can be very very important. So that's Fratigic level to have a look at looking at dollar yen dollar yen is breaking up above 103 spots 77 Which is the potential? Resistance we've been looking at next potential resistance is at 104 spots 63 But now we've got to be looking at and add the kind of the next potential Resistance about 105 In fact, I'm just going to go ahead and add that on there Because that's going to come in handy if the if the yen continues to weaken So that gives you a bit of an idea about what to expect So if we will have a look now at crude oil, it's come off a little bit the last couple of days Today's wednesday, and matter of fact came up a lot yesterday The expectation is the crude oil inventories the rumor on the street is that crude oil inventories are going to be a lot higher than expected and That excess supply is putting a lot of pressure on prices. So we're actually trading below potential support at 100 spots 60 It's not so good for crude oil from a technical analysis perspective right now So gold is actually up today But I think a lot of the fundamentals are against it just now feels like it's against it the middle of two ranges potential resistance at 1295 potential support at 1267 and Certainly we are actually seeing a little bit of extra dollar weakness today as well Against the gvp and against the euro So that doesn't hold good for for gold if the dollar does strengthen Gold is going to be further pressured. So you can see this the downtrends here is still still very much in play and if you let it with your dollar Your dollar is it's getting closer and closer to potential resistance But it's also getting closer to the 21 period sma. It's moving upwards, but each day keeps getting pushed back down So these candles here are giving a very interesting psychological view. We might see some rounding the closer we get to that 21 period sma But we need to see how how happens later on today So finishing up with the dvp usd negative day yesterday But now it seems to be bouncing around the 21 period sma acting as support negative potential resistance as at 6744 And we finish up now with having a look at the economic data Uh, we have private payroll numbers today Which historically is very different from how non-profit payrolls actually come out But nevertheless people will be looking at this today as an important number Uh, and then we obviously have those crude oil inventory numbers, which uh, anybody's trading crude oil will be very interested to see if the The stocks the supply are in fact a lot higher than expected. So these are these are the expectations right here Should be lots of volatility after those figures come out, especially if much different from what was expected If we fast forward on to tomorrow lots of data on thursday, you've got your your pmi uk pmi You've obviously got the ecb rate announcement. I think 18 out of 22 Analysts pulled by Reuters believe that the rate is going to remain at 0.25 But that doesn't mean there's only only a few dissenters who seem to think that we might cut rates, but There's something about the long shot, but you never know And jobless claims in the us of 130 and trade deficit as well Lots and lots of data and then through your clock you've actually even gotten on manufacturing business index So lots of fundamental data due tomorrow And join me again tomorrow to find out what happened next